- SK leads the D series to speed up the scale and the overall delivery of SCC55®.
- Group14 also acquires the balance of 75% of the South Korea joint venture with SK, taking direct control over the manufacture of the company’s silicon battery material in Asia.
Woodinville, Wash.,, August 20, 2025 / Prnewswire / – Group14 Technologies today announced that he had closed a US $ 463 million Round led by SK, Inc., with a strong participation of other existing investors, including Porsche Investments, ATL, Omers, Decarbonization Partners, Lightrock Climate Impact Fund, Microsoft Climate Innovation Fund and others. Funds will be used to continue to scale up the manufacture of the group’s silicon battery material 14, SCC55, in the United States and South KoreaAnd help meet overwhelming demand in the midst of break -up requirements for energy storage worldwide.
In addition, the group14 obtained the full property of its joint venture with SK Inc., located in Sangju, South Korea. Trained in 2021, the active battery materials factory (BAM) of the joint venture produces the flagship technology of the group14, SCC55, at the EV scale to support the global battery manufacturing industry.
“This is a decisive moment for the group14 and a clear signal that the future of high performance energy storage, powered by our silicon battery material, is already there,” said Rick LuebbeCEO and co-founder of the group14. “We strengthen regional supply chains and protect our customers from the uncertainty of global trade.”
As the third factory of active commercial battery materials of the group14, BAM-3 is strategically located in AsiaShelters the largest battery manufacturers in the world. In September 2024The 10 Gigawatt factory has started to deliver SCC55 to more than 100 customers in the manufacture of electric vehicle and electronic consumption batteries worldwide.
“Group14 technology is already integrated into millions of ATL batteries supplying AI compatible smartphones,” said Joe Kit Chu LamATL executive vice-president, a subsidiary of TDK Corporation. “We support the even wider delivery of their silicon anode material to supply the next generation of high performance silicon batteries.”
The first and second and second BAM factories of the group14 are in Washington condition. The company extends the silicon battery infrastructure in Europe with a Silane gas factory at the cutting edge of technology Germanywhich will provide a critical forerunner for new generation energy storage technologies.
After the round of series D, the group14 noted $ 1 G $ US equity to finance its growth.
About group technologies 14
Group14 Technologies is a world leader in advanced silicon battery materials, transforming the future of rechargeable energy storage. The group’s material 14, SCC55®, offers unrivaled performance with any battery and any application – fueling millions of electric vehicle devices with AI compatible technologies. With commercial factories in the United States and AsiaAnd customers representing 95% of global production of lithium-ion battery, Group14 accelerates the global transition to electrification and inaugurating the era of the silicon battery.
Visit us www.group14.technology.
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Source Group14 Technologies
